Saudi White Cement Co. (SWC) signed a US$40.7mn contract with Frances Fives FCB as part of the companys plans to expand daily production capacity to 1,000 tonnes from the current capacity of 700 tonnes, reported Saudi-based Al Riyadh.
Spanish Group Telvent won a contract from Saudi Oger to implement its traffic management solution on King Abdullah Road, the 6-km highway in Riyadh, reported Trade Arabia.
Raysut Cement, Omans largest cement producer by market value, has said it will buy the UAEs Pioneer Cement Industries.
Robust growth predictions and significant investment in infrastructure are boosting confidence in Bahrains construction sector, reports Global Arab Network.
The First International developer has secured a high profile contract to develop sites on Sowwah Island in Abu Dhabi for US$1bn.
